W2 Form Spanish – IRS Form W-2 provides information regarding the gross wage of an employee, Social Security, Medicare and federal income tax withholdings. It also lists any tax-related deductions. This statement must be provided to employees by the employer for all who worked in the company’s tax year.
Printable W2 And W4 Forms W4 2020 Form Printable
The form should be filled out by employees and returned to the Social Security Administration by January 31st of the next year.
What Is Form W-2?
For employees to use in their tax returns for income, Form W-2 gives them the information on their income and withholding. It also provides the same information to both the IRS (and the Social Security Administration (SSA)).
It must be filed for every worker from whom the income tax, Social Security, and Medicare taxes were withheld during the course of the year. There is an exception for those who claim they were exempted from withholding on W-4 forms. These forms should have been provided to their employers when they hired them.
Who uses Form W-2?
The W-2 form can only be provided to employees and not to independent contractors or freelancers. If you want to give income information to these individuals then you must utilize Form 1099-MISC. If you have paid $600 or more to them during the previous year, the majority of non-employees would require the 1099MISC form.
Where can you find W-2 forms?
W-2 forms may be purchased at your local office supply or through your CPA. It is also possible to get them online via the IRS. W-2 forms can be obtained from most tax preparation programs.
How to File Forms W-2
Forms for W-2 and W-3 forms must be filed by SSA no earlier than January 31 of the next calendar year. The deadline is January 31 to distribute W-2 forms to employees. Forms for W-3 are forms for transmission which combine the information on W-2 forms to form a total for SSA.